§ 7-211.3. Joint payments
West's Annotated Code of MarylandTax-PropertyEffective: March 14, 2016
Effective: March 14, 2016
MD Code, Tax - Property, § 7-211.3
§ 7-211.3. Joint payments
(ii) “Federal enclave property” does not include any property owned by the United States Department of Veterans Affairs that is leased to a person through an enhanced use lease.
Joint payment in lieu of tax agreement between State and a private developer for federal enclave property
(b)(1) Subject to the provisions of this section and on initiation by the local jurisdiction where the federal enclave property is located, the local jurisdiction and the State may jointly enter into a payment in lieu of tax agreement with a private developer for federal enclave property.
(3)(i) A local jurisdiction shall initiate any discussions to negotiate a payment in lieu of tax agreement with a private developer of federal enclave property no later than 30 days after receiving written notice by the private developer or the federal government that a development has been proposed for the federal enclave property.
(6)(i) An agreement under this subsection shall be approved and signed by the Maryland Department of Transportation, on behalf of the State, any party responsible for making a required payment or fulfilling any other provision of the agreement, and the governing body of the local jurisdiction where the federal enclave property is located.
Credits
Added by Acts 2008, c. 338, § 2, eff. June 1, 2008. Amended by Acts 2015, c. 22, § 5; Acts 2016, c. 8, §§ 1, 5, eff. March 14, 2016.
MD Code, Tax - Property, § 7-211.3, MD TAX PROPERTY § 7-211.3
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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